Liberty Latin America to Acquire Controlling Interest in Cabletica

Liberty Latin America, the newly split-off unit of Liberty Global focused on Latin America and the Caribbean, has announced an agreement to acquire 80% of Costa Rican cable operator Cabletica.
Cabletica main offices in La Sabana
Cabletica is valued at an enterprise value of around US$250 million dollars, a multiple of 6.3x of its fiscal year EBITDA including projected cost synergies, with current owner Televisora de Costa Rica set to retain the remaining 20% stake at close.
Cabletica provides TV, broadband internet and fixed-line telephony services to residential customers, with its hybrid fiber-coaxial network passing around 562,000 or 40% of the homes in Costa Rica at 30 September. The company served a total of 207,000 customers at the end of September, who subscribed to 327,000 services.
Liberty Latin America

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